BPI Deposit Real Thrills : April 16-June 15, 2012

BPI never runs out of thrills for its new and existing clients. Today, you are being rewarded while you are saving. Just for every deposit of atleast P150,000 you'll get to enjoy exciting at the same time valuable rewards (gift items).

Here's the mechanics (This can also be viewed at Promo Mechanics for BPI Deposit Real Thrills:) 

1. Promo is open to all new and existing individual clients of BPI, BPI Family Savings Bank or BPI Direct Savings Bank*. Promo period is from April 16 – June 15, 2012.
2. To join, simply deposit at least Php 150,000 in fresh funds (or its equivalent in foreign currency) to a new or existing Savings or Checking account.
3. Promo availment is for every deposit made for a minimum of Php 150,000. Complimentary gift will be based on which tier availment client will fall under.

   TIER	Amount (in PHP)
   TIER A	150,000
   TIER B	500,000
   TIER C	1,000,000
   TIER D	5,000,000

4. Complimentary gift from the following merchant partners will be in the form of a Gift Certificate.

   Abenson	Rustans
   Automatic Centre	PAL
   Citi Appliance	Mercury Drug
   National Bookstore	Fitness First
   Petron	Belo Medical
   Metro Gaisano	Bench

5. In case a specific item is no longer available at the time of redemption, a replacement model or brand of equal value will be awarded.
6. Deposit, depending on the tier availed, will be put on hold. In the event that client fails to meet the hold-out requirement, the bank reserves the right to deduct the value of the complimentary gift.
   
   • For 3 months if account is / will be enrolled in 24/7 Banking Channels
   • For 4 months if account will not be enrolled in 24/7 Banking Channels
7. To claim the complimentary gift/s, clients must fill out the Claim Certificate and submit to the branch where the deposit was made.
8. Chosen gift/s cannot be replaced once purchase is made by the Bank.
9. Complimentary gift will be delivered to the branch where the deposit was made. Turn-around-time (TAT) for the processing of claims will be as follows:
   
   • GMMA: 12 banking days
   • Provincial: 15 banking days
10. Merchandise items can be exchanged or replaced only if they arrive in defective or damaged condition. For items under warranty, coordination will be directly with the supplier.
11. All account openings are subject to existing policies and procedures of the Bank.
12. In case of dispute, the decision of the BPI Unibank with concurrence of DTI will be final.

Visit your nearest branch today. The promo period isn't over. You may wish to contact me as well at (082) 224 53 40. Save and enjoy!

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BPI Facebook Fan Page

I am so excited on where BPI is leading for the next coming years. Right now, I'd like to invite friends and readers (banking or not banking with us) to like our new BPI Facebook Fan Page : http://www.facebook.com/bpi


What can you expect from the site:

• More updates about BPI.

• Seek help and financial assistance (TALK TO US)

• TIPS on financial wellness

Let's make it easy at BPI! :)

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List of Universal Banks in the Philippines

The banking system in the Philippines consists of various types (universal, commercial, thrifty, rural, etc). The largest and most popular nationwide are the universal banks. Universal banks possess the same qualities and capabilities as to commercial banks. Additional power and difference is that it is also an Investment bank. (Further  explanation on my next posts)

So here’s the list of Universal banks in the Philippines:

1.   Banco de Oro Unibank, Inc.

2.   Bank of the Philippine Islands

3.   Metropolitan Bank & Trust Company

4.   Land Bank of the Philippines

5.   Philippine National Bank

6.   Allied Banking Corporation

7.   China Banking Corporation

8.   Rizal Commercial Banking Corporation

9.   Union Bank of the Philippines

10.   United Coconut Planters Bank

11.   Security Bank Corporation

12.   Development Bank of the Philippines

13.   Philippine Trust Company

14.  Al-Amanah Islamic Investment Bank of the Philippines

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How to use Express Payment System (EPS) ?

Using EPS is simple as A-B-C. So when you are at the mall:

1.  Shop (Department Stores, Grocery stores, etc)

2.  At the counter (upon payment), look for EPS signage (Read : Are you a BPI Express Teller Card holder?) or ask the cashier about EPS.

3. Present your ATM card (BPI Express Teller Card) as payment for your purchases.

4.The cashier swipes your card in the Point-of –Sale (POS) terminal.

5. The cashier will request you to enter your PIN or your Personal Identification Number. The PIN is the same combination you use in the ATM.

6. The system automatically deducts the exact total amount of your purchase from your deposit (savings) account.

Happy shopping! :)

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Requirement in Account Opening

I'll get this straight. When you open an account, one major requirement is your IDENTIFICATION CARD or ID. And I mean VALID ID. So here's the list of acceptable IDS you can present in opening an account (Philippines' setting):

–        Social Security Sytem (SSS) ID

–        Driver's License

–        Passport

–        Professional Regulations Commission (PRC) ID

–        Government Service and Insurance Systems (GSIS) e-Card

–        Overseas Workers Welfare Administration (OWWA) ID

–        OFW ID

–        Seaman’s Book

–        Alien Certification of Registration / Immigrant Certificate of Registration

–        Government Office and GOCC ID (e.g., Armed Forces of the Philippines (AFP),

         Home Development Mutual Fund (HDMF) IDs)

–        Integrated Bar of the Philippines (IBP) ID

–        Company IDs issued by Private Entities or Institutions Registered with or

          Supervised or Regulated either by the BSP, SEC or Insurance Commission

–        IDs issued by an Official Foreign Authority (e.g., Foreign Passport,

         Foreign Driver’s License, etc.)

–        For Students, School ID duly signed by the Principal or Head of School

–        For Non-Philippine Residents, Similar IDs duly issued by the Foreign              

         Government (e.g., Foreign Passport, Foreign Driver’s License) where the 

         Customer is a Resident or a Citizen may be presented

  

Bear in mind that Ids should be original, photo-bearing and issued by official authority. Prepare a photocopy of your ID with you and a 1x1 picture along.

That's it, requirements=CHECKED! You are ready to fill out the form.

           

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First Step: Open a Savings Account

I really admire people who started saving on an early age (through their piggy banks maybe). I even remember that when I was in Grade 5, I joined a so-called “Paluwagan” where we are forced to give 20 pesos every week. I hope my memory is still right. Definitely it was a habit of taking aside something from our allowance every week and on Christmas we bear the fruit of our weekly contribution. Thus, a happy Christmas of spending for gifts to myself and loved ones.

But as I get older, I realized that I wanted to add value to the money I am setting aside.  Besides I no longer just save for  Christmas purposes. The purpose just gets a list ahead of it: emergency, school, family contribution, church contribution, future plans, travel, etc. As a personal move for adding value to my money, just a stepping stone, I opened a savings bank account.

            So why else do I have a savings account?

•      I take out or minimize atleast the risk of losing my money at home. My money in the bank is PDIC insured (more security). More so, I also lessen temptation from using my money which is just within my sight and reach.

•      I develop a habit of going to the bank and do my deposits. Such practice will open other doors of easily availing other bank products and services I might need in the future: loans, credit card, etc.

• I just don't let my money sleep in the bank as what our dear piggy banks do. I let it grow for an interest per year. Yes, it is small. But the point is, there is growth. As I said, just a stepping stone of adding value to my money.

So take out your home savings and open a savings account now!

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Are you a BPI Express Teller Card holder?

If yes, look behind your card. See this logo? ------------------------>

This built-in feature allows you to use your ATM card to over 10000 establishments nationwide and settle your bill right away. No hassle, no cash risk, no enrollment needed, no extra charge. EPS made it very convenient for you.

EPS or Express Payment System is the debit card based system used for processing point of sale transactions. It is originally a system for ATM cards of the Bank of the Philippine Islands (BPI) together with its subsidiaries. It is the system believed to be used as well by Expressnet interbank network in the Philippines where Banco de Oro (BDO) and Landbank are affiliated banks (members) too.

All other logos (Megalink, Bancnet, Cirrus), are systems where you can also use your card. Just be sure that the merchant or the machine you will be using is affiliated too to these systems (networks).

           

So better bring convenience. Bring your ATM Card with you.

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